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The Birth of the Coronavirus-Backed CoronaCoin Amid Quarantining Banknotes in China

The novel coronavirus, also known as COVID-19 has spread to at least 25 other countries and caused 5 deaths outside of mainland China. Restrictions in Hubei, of the epicenter province of the outbreak, have been imposed further on its citizens. In Wuhan, the city where the coronavirus originated, has been banning its citizens from leaving their homes. The World Health Organization … Continue reading The Birth of the Coronavirus-Backed CoronaCoin Amid Quarantining Banknotes in China

Ireland's CAB Seizes Bitcoin Worth €52 Million from Drug Dealer

Ireland’s Criminal Assets Bureau (CAB) has seized Bitcoin valued at €52 million, approximately $56 million USD, from a forty-nine-year-old drug dealer. As reported by Independent.ie on Feb 19, the court ruled that Clifton Collins was involved in the illicit drug trade, and CAB had the right to seize his cryptocurrency as they were found to … Continue reading Ireland's CAB Seizes Bitcoin Worth €52 Million from Drug Dealer

UK’s Financial Watchdog Raises the Alarm on BitMEX Being Unauthorized

The Financial Conduct Authority (FCA) in the UK mandated with regulating financial markets and service firms in the nation has blown the whistle on Seychelles-based crypto exchange BitMEX for not being authorized. According to the regulator’s statement, the exchange was operatingin the UK without being given the green light by the financial watchdog. BitMEX on … Continue reading UK’s Financial Watchdog Raises the Alarm on BitMEX Being Unauthorized

Is Bitcoin still a Safe Haven? The Crypto Community Debates on Twitter Following Global Stock Market Crash

Bitcoin’s status as a safe-haven asset has been under intense scrutiny as the BTC price continues to fall amidst a series of crisis events in 2020 which have continued to create the ideal environment for the digital commodity to theoretically thrive. Beginning with the Iranian – US conflict in early Jan, the coronavirus outbreak triggering a … Continue reading Is Bitcoin still a Safe Haven? The Crypto Community Debates on Twitter Following Global Stock Market Crash

Blockchain Monitor Launched to Track Coronavirus-Free Safe Zones to Protect the Non-Infected Community During Pandemic

The coronavirus pandemic has currently reached countless countries and territories all over the world and has caused over 220,000 infections in the world population. With the global death rate climbing and almost reaching 9,000, the World Health Organization declared it as a pandemic on March 11. Many countries have encouraged employers to adopt a work-from-home … Continue reading Blockchain Monitor Launched to Track Coronavirus-Free Safe Zones to Protect the Non-Infected Community During Pandemic

China's Pursuit of Digital Yuan "Unswerving" in Wake of COVID-19 Global Pandemic, says Central Bank

China’s central bank has further galvanized its public commitment to creating the first central bank digital currency (CBDC), a digital version of the Yuan, at an annual meeting hosted last Friday by the People’s Bank of China (PBoC) vice-governor Yifei Fan. A summary notice of the 2020 National Currency Gold Silver and Security Work Video and … Continue reading China's Pursuit of Digital Yuan "Unswerving" in Wake of COVID-19 Global Pandemic, says Central Bank

China’s Blockchain and FinTech Sector to Brace for 'Capital Winter' Even After the Coronavirus Pandemic Subsides

Investment activity in China’s tech sector has seen a massive drop in the past four months since the coronavirus outbreak has emerged from the city of Wuhan. The venture capital market has been suffering a tremendous impact on its existing drop in activity. The epicenter of the pandemic, Wuhan, has eased its lockdown measures and … Continue reading China’s Blockchain and FinTech Sector to Brace for 'Capital Winter' Even After the Coronavirus Pandemic Subsides

Ethereum's Vitalik Buterin Thinks Mining Monero on HTC Phones is a “Fool’s Game”

In a recent Twitter post, Vitalik Buterin, the co-founder of Ethereum blockchain, did not hide his feelings when it comes to the concept of cryptocurrency mining through the use of smartphones. He considers crypto mining via mobile phones as something still not possible with any real efficiency. Ethereum’s Buterin Faults the HTC-Midas Labs Partnership Vitalik tweeted: … Continue reading Ethereum's Vitalik Buterin Thinks Mining Monero on HTC Phones is a “Fool’s Game”

Spanish Researchers Deploy AI and Blockchain-Powered App to Tame COVID-19

At least 100 Spanish researchers from the University of Salamanca, the Artificial Intelligent Research Institute, and the Institute of Biomedical Research of Salamanca have joined hands to design an artificial intelligence (AI) and blockchain-based app to picture the evolution of the coronavirus (COVID-19) pandemic. Their objective is flattening this pandemic’s curve as it has wreaked … Continue reading Spanish Researchers Deploy AI and Blockchain-Powered App to Tame COVID-19

Allied Market Research: Blockchain Identity Management Will be a $11.46 Billion Market by 2026

Allied Market Research, a US-based research and advisory company, has reported that the worldwide blockchain identity management sector will escalate to $11.46 billion by 2026 from the $107 million recorded in 2018. According to the release shared with Blockchain.News, this will represent a compound annual growth rate (CAGR) of 79.2% because as blockchain are able … Continue reading Allied Market Research: Blockchain Identity Management Will be a $11.46 Billion Market by 2026